Revenue Canada Income Tax Deadline 2020

Sole proprietors had until june 15 2020 to file their income tax return.

Revenue canada income tax deadline 2020. Other income tax debts. When do you have to pay your 2021 instalments. Payment dates for canada child benefit ccb important dates for rrsp rdsp hbp and llp. The cra will also waive arrears interest on existing tax debts related to these parts of the income tax act from april 1 2020 to september 30 2020.

The canada revenue agency cra will charge 5 of the 2019 balance of income tax owing in the first month and then will add 1 of your 2019 balance of income tax owing for each full month. The official tax filing deadline is still june 1 but a late filing penalty will not apply if your tax return is filed by september 30. For those of you who still need to file for your income the new june 1. Filing due date for the 2020 tax return for non residents of canada.

The cra is delaying the 2020 tax payment deadline once more to give canadian taxpayers another reprieve. September 30 2020 extended as of july 27. Filing due dates for the 2020 tax return. The tax filing deadline was moved from april 30 2020 to june 1 2020.

Payment dates for goods and services tax harmonized sales tax gst hst credits. Taxes owed are due on september 30 2020. Applies to balances due on or after march 18 2020 and before september 30 2020. In addition all canadians taxpayers now get a penalty free extension until september 30 2020 to pay any income taxes owed for the 2019 tax year.

To earn tax free income you can invest in the telus stock and make it a core holding in.